CMI is a classic example of a stock in a box, currently the stock is testing the upwards end of this range, breaks of these boxes can be very powerful moves as this consolidation period has everybody waiting to see the direction it breaks in, look for some follow-through here in the next few weeks, if it breaks to the upside with strong volume then this stock is a...
Looks like a Crab.
Daily time frame shows a pennant formation, while weekly presents a hanging man with downside follow through.
Ugly Double Bottom also appears to be in play for 141.16 (pennant is around the same target)
